Stratasys partners with Kimya to meet the growing demand for additive manufacturing solutions
Key Insights and Signals in Industrial
Center setup and Expansion TDK expands with a new MLCC production site in Japan Since last year, the company announced that it has been establishing a system to increase production volume at its existing MLCC production sites and affiliate companies. TDK intends to strengthen the production of highly dependable MLCCs for electric vehicles, automatic driving, and ADAS meeting the increasing demand with the new production building. Read More>> Herman Miller Atlanta opens, marking the seventh location nationwide The company opened its first Atlanta retail store, the brand’s seventh retail location in the U.S. The new store is located within Westside Provisions District, at 1198B Howell Mill Road, Suite 400. The 1,295 square-foot Atlanta store has dedicated performance specialists on-hand to help shoppers discover the right solutions for their individual needs. Read More>> Sulzer begins Baton Rouge expansion project The company has begun the construction of an all-new 7,200 sq. ft. expansion to its Baton Rouge Service Center in Louisiana. Expanding its facilities in Baton Rouge is a key component of Sulzer’s ongoing investment strategy, growing its market-leading capabilities through enhanced service center capacity and equipment. Read More>>Deals KIMYA PEKK-SC and PC-FR were selected as Stratasys’ third party materials Stratasys, a global leader in polymer 3D printing solutions, selected KIMYA to provide Stratasy’s Validated materials for its FDM technology-based systems. With the integration of KIMYA materials such as Kimya PEKK-SC and Kimya PC-FR into its ecosystem. Read More>>Mergers and Acquisition Garrigues acquires Istobal The company acquired 22% of the Valencian group, Istobal, specializing in washing equipment for trains, trams, metros, coaches, trucks, tractors, and cars. Istobal has valued the entry of Herrecha Inversiones as a company partner as it intends to boost the development of new products and services. Read More>> Stratasys’ (SSYS) MakerBot merges with Netherland’s Ultimaker The company has agreed with Netherlands-based Ultimaker to join their businesses and form a new entity headquartered in both the Netherlands and New York for the global advancement of additive manufacturing technology. Read More>> WillScot Mobile Mini acquires leading California portable classroom provider The acquisition of Elite Modular expands WillScot’s presence in California and adds particular expertise in serving the public education sector. The transaction was funded with cash on hand and borrowings under the company’s revolving credit agreement. Read More>>Executive Movement SWISS names Julia Hillenbrand as its new Head of brand experience In her new capacity, Hillenbrand will be responsible, together with her team, for the entire SWISS brand and customer experience and the overall strategic roadmap for all customer, product, and marketing issues. Read More>> ABB’s Mark Joppru joins MiR as VP of Sales for the Americas The company appointed Mark Joppru, the former VP of ABB USA’s Consumer Segments and Service Robotics division, as its VP of Sales for the Americas. Joppru’s role at MiR was previously held by Ed Mullen, who joined Dexterity in February 2022. Read More>> Prysmian Group names Matthew Bedell VP of industrial specialties business unit The company has announced the promotion of Matthew Bedell as VP of the industrial specialties business unit for North America. Bedell brings more than 20 years of process engineering, operations management, supply chain, and commercial experience to his new role. Read More>>
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Latest Industry Insights from Draup Braindesk
ZEISS Medical Technology aims to enhance its ZEISS Medical Ecosystem with leading-edge digital technology for evidence-based decisions that assure more efficient delivery of the highest quality of care.
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Key Funding Alert
Prysmian Group announces USD 30 Mn investment in Jackson, TN, to add optical cable capabilities
The investment will meet the increasing demand for optical fiber broadband connectivity driven by Federal and State stimulus packages. The investment allows Prysmian to rapidly transition the Jackson plant to optical cable and increase the production efficiency in other facilities. Read more>>
Company – Voxel Total Funding– USD 18 Mn About: Voxel uses computer vision and AI to enable security cameras to automatically identify hazards and high-risk activities in real-time, keeping people safe and driving operational efficiencies. It targets the key drivers for workers’ compensation, general liability, and property costs while providing full site visibility. Read more>>
Latest Reports Published in Draup
Lennox International – Account Intelligence Report
Lennox develops a rooftop unit Ultimate Indoor Air Quality system to eradicate 99% of the COVID-19 virus. It leverages IoT to implement Apple HomeKit technology, enabling verification and identification of an individual’s voice characteristics to provide access to secure facilities. Read More>>
FESTO Account Intelligence Report
Festo expanded its network presence to attract more pneumatic and electric automation technology partners from the German market. It focuses on innovation and technology to maximize its customers’ productivity and competitive edge in factory and process automation. Read More>>
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